MUFG Bank, a consolidated subsidiary of MUFG and the largest bank in Japan, has […] The post Another Asian banker joins Poseidon Principles appeared first on Offshore Energy.
By Jonathan Saul LONDON, March 16 (Reuters) – Leading Japanese lenders have joined an initiative that links the provision of shipping finance to cuts in carbon dioxide emissions as the sector…
The GAC Group has nailed its sustainability colours to its mast by joining the Global Maritime Forum’s Getting To Zero Coalition, an alliance of more than 140 companies from the maritime, energy, infrastructure and finance sectors working to accelerate the decarbonisation of shipping by developing and deploying zero emission vessels (ZEVs) by the end of the decade.
International shipping emits 2-3% of global greenhouse gas...
A Greek technology firm has come up with a predictive tool to determine the best path for ships financed under environment-friendly Poseidon Principles.
The firm’s data analytics tool — called Metis Poseidon Principles Emissions Index — allows shipowners to predict what would be the best option for their ships.
Greece’s METIS Cyberspace Technology has refined its cloud-based data acquisition and ship performance reporting solution to offer shipping’s first tool to predict the trade-off between...
Japanese banking and financial institution Sumitomo Mitsui Banking Corporation has become a signatory of […] The post Sumitomo Mitsui Banking Corporation joins the Poseidon Principles appeared…
It’s the moment climate finance professionals live for: when an idea — an initiative — is turned into real-world action by real-world actors. A year after the Poseidon Principles were signed, 15 banking signatories last month disclosed their ship loan portfolios’ climate alignment scores for 2019, reports GreenBiz.
Progress in the Global shipping sector
The release of the inaugural “Poseidon Principles Climate Alignment Report” allows us to reflect on the progress the financial sector has...
The first disclosure report from the 15 signatories of the Poseidon Principles shows that […] The post Poseidon Principles signatories release their 1st green financing report appeared first…
Danish shipping company TORM has refinanced its existing facility with Danish Ship Finance with […] The post TORM signs 1st sustainability-linked loan appeared first on Offshore Energy.
Hong Kong-based containership operator Seaspan Corporation has closed a $200 million sustainability-linked loan inspired by […] The post Seaspan inks $200 million sustainability-linked loan…
New York-listed product and chemical tanker company Ardmore Shipping Corporation has completed its first […] The post Ardmore inks 1st sustainability-linked financing appeared first on…